Elanco Strengthens Board of Directors with Addition of Stacey Ma
Rhea-AI Summary
Elanco Animal Health (NYSE: ELAN) has appointed Dr. Stacey Ma to its Board of Directors, effective immediately. Dr. Ma, currently Executive Vice President of Pharmaceutical Development and Manufacturing at Gilead Sciences, brings extensive experience in biopharmaceutical development and manufacturing. She previously held leadership positions at Sana Biotechnology and Genentech/Roche. Dr. Ma was recognized as one of the 'Top 20 Women Leaders in Biopharma R&D' by Endpoints News in 2020 and is a Fellow of the American Institute for Medical and Biological Engineering. Her expertise will support Elanco's Innovation, Portfolio and Productivity strategy and development of next-generation pipeline products.
Positive
- Strategic addition of expertise in biopharmaceutical development and manufacturing to support product innovation
- Strengthening of technical operations and CMC strategy capabilities at board level
- Addition of experienced leadership with proven track record in global pharmaceutical operations
Negative
- None.
News Market Reaction – ELAN
In the trading session that priced this news, ELAN declined 1.05%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Ma brings deep manufacturing and innovation expertise
"We are delighted to add Stacey to the Elanco Board," said Lawrence Kurzius, Chairman of the Elanco Board of Directors. "Her deep understanding of product development, Chemistry, Manufacturing and Controls (CMC) strategy, and technical operations, combined with her proven leadership in driving innovation will be a welcome addition in the board room."
Dr. Ma currently serves as Executive Vice President, Pharmaceutical Development and Manufacturing at Gilead Sciences, Inc., where she is responsible for product and portfolio strategy, technical development, supply chain, quality, CMC regulatory, and manufacturing operations for Gilead's small- and large-molecule pipeline. Prior to Gilead, she held leadership positions at Sana Biotechnology, Inc. and Genentech/Roche, including Global Head of Pharma Technical Innovation, Manufacturing, Science and Technology.
"I am honored to join the Elanco Board of Directors," said Dr. Ma. "I am passionate about innovation and technical excellence in life sciences and look forward to contributing to Elanco's mission of improving the health and wellbeing of animals."
Dr. Ma's impressive career also includes significant contributions to the broader scientific community. She has co-chaired multiple international scientific conferences, served as an Associate Director of the Board of CASSS, and is a Fellow of the American Institute for Medical and Biological Engineering (AIMBE). She was recognized as one of the "Top 20 Women Leaders in Biopharma R&D" by Endpoints News in 2020.
"Stacey's guidance will be highly valuable as Elanco's Innovation, Portfolio and Productivity (IPP) strategy comes to life with our significant blockbuster potential products transitioning from research and regulatory to manufacturing scale up," said Jeff Simmons, CEO at Elanco Animal Health. "Her drug development and CMC experience will also be beneficial as part of our Innovation, Science and Technology Committee as we develop our growing next generation pipeline to deliver a consistent flow of high-impact innovation."
Dr. Ma holds masters and doctorate degrees in chemical engineering from Yale University and a bachelor's in chemical engineering from the University of
ABOUT ELANCO
Elanco Animal Health Incorporated (NYSE: ELAN) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders and society as a whole. With nearly 70 years of animal health heritage, we are committed to helping our customers improve the health of animals in their care, while also making a meaningful impact on our local and global communities. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our Elanco Healthy Purpose™ sustainability pillars – all to advance the health of animals, people, the planet and our enterprise. Learn more at www.elanco.com.
Investor Contact: Kathryn Grissom, +1.317.273.9284, kathryn.grissom@elancoah.com
Media Contact: Colleen Parr Dekker, +1.317.989.7011, colleen.dekker@elancoah.com
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SOURCE Elanco Animal Health